Avalanche Performance
AVAX Crypto | USD 54.62 0.54 1.00% |
The crypto shows a Beta (market volatility) of 2.0, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Avalanche will likely underperform.
Risk-Adjusted Performance
10 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Avalanche are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, Avalanche exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | HyperVerse crypto promoter Bitcoin Rodney arrested and charged in US - The Guardian | 01/08/2024 |
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3 | Bakkt Expands Crypto Trading Capabilities to More Countries - PYMNTS.com | 01/24/2024 |
4 | Crypto project founder wanted on fraud charge is promoting new projects - Axios | 02/08/2024 |
5 | Ethereum Foundation Gets SEC Scrutiny in Latest Crypto Crackdown - Yahoo Finance | 03/20/2024 |
Avalanche |
Avalanche Relative Risk vs. Return Landscape
If you would invest 3,681 in Avalanche on December 30, 2023 and sell it today you would earn a total of 1,781 from holding Avalanche or generate 48.38% return on investment over 90 days. Avalanche is generating 0.788% of daily returns and assumes 5.8663% volatility on return distribution over the 90 days horizon. Simply put, 51% of crypto coins are less volatile than Avalanche, and 85% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
Risk |
Avalanche Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avalanche's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Avalanche, and traders can use it to determine the average amount a Avalanche's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1343
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
5.87 actual daily | 51 51% of assets are less volatile |
Expected Return
0.79 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Avalanche is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Avalanche by adding it to a well-diversified portfolio.
About Avalanche Performance
To evaluate Avalanche Crypto Coin as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Avalanche generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Avalanche Crypto Coin's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Avalanche market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Avalanche's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Avalanche is peer-to-peer digital currency powered by the Blockchain technology.Avalanche is way too risky over 90 days horizon | |
Avalanche appears to be risky and price may revert if volatility continues | |
Latest headline from news.google.com: Ethereum Foundation Gets SEC Scrutiny in Latest Crypto Crackdown - Yahoo Finance |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avalanche. Also, note that the market value of any cryptocurrency could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Avalanche Crypto Coin analysis
When running Avalanche's price analysis, check to measure Avalanche's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Avalanche is operating at the current time. Most of Avalanche's value examination focuses on studying past and present price actions to predict the probability of Avalanche's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Avalanche's coin price. Additionally, you may evaluate how adding Avalanche to your portfolios can decrease your overall portfolio volatility.
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